Brian Glynn - InvestNI - Northern Ireland UK - Stanford Engineering - Feb 25 2013

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Brian Glynn - InvestNI - Northern Ireland UK - Stanford Engineering - Feb 25 2013

  1. 1. Introduction to Invest Northern Ireland Brian Glynn, Invest NI San JoseStanford Engineering – European Entrepreneurship & Innovation - February 25 2013Invest Northern Ireland San Jose Office brian.glynn@investni.com
  2. 2. Who is Invest Northern Ireland? Northern Ireland’s economic development agency. Our goal: to help create wealth for the benefit of the whole community.Invest Northern Ireland San Jose Office brian.glynn@investni.com
  3. 3. Invest Northern Ireland San Jose Office brian.glynn@investni.com
  4. 4. Northern Ireland – key facts Population 1.79 million • Fastest growing population in the UK. • One of Europe’s youngest 60% < age 40. Comparison: Santa Clara County • Population: 1.8 million • Area: ¼ of NIInvest Northern Ireland San Jose Office brian.glynn@investni.com
  5. 5. How Invest NI helpsFinancial incentives can include Capital investment or employment ramp up (salary costs) Training costs Research and development expenditureNon financial incentives include a range of technical and advisorysupport services in areas such as: Property search and selection People and skills Operating efficiency
  6. 6. Current investorsInvest Northern Ireland San Jose Office brian.glynn@investni.com
  7. 7. Why Northern Ireland? Close to Cost Culturally Customer Competitive CompatibleInvest Northern Ireland San Jose Office brian.glynn@investni.com
  8. 8. Competitive Costs• Operating costs average 20-30% cheaper than the rest of the UK & EuropeClose to Customer• 30 direct connections to Europe• 100 flights a day to GB• Daily direct flight to New York• GMT -8hr overlaps with US West CoastCulturally Compatible• Labour turnover rates are amongst the lowest in Europe (4.7%) and 80% of our investors have re-investedInvest Northern Ireland San Jose Office brian.glynn@investni.com
  9. 9. Highly Educated Workforce NI students consistently out-perform other UK regions in high school exams by more than 10%World renowned universities, working closely with industry:Invest Northern Ireland San Jose Office brian.glynn@investni.com
  10. 10. History of Innovation in NI In 1917 Harry Ferguson from Co. Down in NI patented the technology that led to the modern tractor. John Boyd Dunlop invented the pneumatic tyre in Belfast in 1888. Sir James Martin from Northern Ireland invented the airplane ejector seat.Invest Northern Ireland San Jose Office brian.glynn@investni.com
  11. 11. NI Innovation 1 in 5 of the world’s computer drives has a part created in Northern Ireland.Invest Northern Ireland San Jose Office brian.glynn@investni.com
  12. 12. NI innovation comes to CA
  13. 13. Thanks! Brian Glynn VP Trade Development Invest Northern Ireland San Jose CA 95110 www.investni.com www.linkedin.com/in/brianjohnglynn

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